Cost of Living in Addison, AL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

74.2

100 = national avg

-25.8 vs national average

Living Wage (1 Adult)

$32,655

per year

Living Wage (Family of 4)

$77,184

per year

Cost Index by Category

Housing
49.6
Food
92.0
Transportation
83.9
Healthcare
93.6
Utilities
85.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$631

per month

2 Bedroom

$776

per month

The overall cost of living index in Addison is 74.2, which is 25.8% below the national average. Housing costs are below the national average at an index of 49.6. A single adult needs to earn approximately $32,655 per year to cover basic expenses.